The world has plenty of oil, but a different shortage is emerging

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The war in Iran has triggered a global scramble for oil as disruptions in the Strait of Hormuz choke one of the world's most critical energy shipping routes — but the global economy isn't about to run out of oil. Instead, it may be running short of key fuels made from oil that keep planes flying and industrial supply chains running, analysts at Goldman Sachs warned in a recent note. "The speed of depletion and supply losses in some regions and products are concerning, with easily accessible

The world has plenty of oil, but a different shortage is emerging https://www.businessinsider.com - 05.05.2026 09:39

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The world has plenty of oil, but a different shortage is emerging https://www.businessinsider.com - 05.05.2026 09:39